Traceability Innovation Challenge 2022
Problem Statement
Map out, introduce and integrate all actors of a particular sector starting from the root level of the supply chain and cross-check at every possible point to bring digitalization and its proper use.
Outcome/results expected
- Blockchain technology for Bangladesh is a step toward complete modernization and improving the quality of business. With Blockchain the leather (currently exports $784.98 million with a yearly growth rate of 29.61%) and food processing industry (currently exports $1 billion) or any other industrial sector can completely modify itself for better export opportunities. It creates supply chain visibility and creates a quality control system. It provides privacy and security in a decentralized system.
Minimum viable features:
Not limited to:
- Web/app-based interface with a precise dashboard
- Database for storing information
- Compatible with multiple stakeholders/users (Use of Consensus algorithm)
- Product Specification Data (Product details)
- Digital signature, fingerprint, facial recognition, or any secured method for validation
- Use of industry-standard open-source hashing algorithm (SHA-256/SHA-512/SM-3/ Keccak-256 or equivalent)
Beneficiary:
Industry Association (initially footwear and food processing Industry/association) and relevant government entities i.e. DGDA, Mood Ministry, Seed Certification Agency, Bangladesh Fisheries Development Corporation
Process
FAQ
What is an Innovation Challenge?
Innovation Challenge is about solving a well-regarded problem. a2i circulates the problem and innovators are asked to submit their idea or solution to solve that.
How many days are required to get the final results?
It may take about three months from the launch date.
What are the evaluation stages?
Generally, 4 steps of the process, shortlisting, Bootcamp, technical evaluation, and approval from the Executive Committee.
What are the selection criteria?
innovative concept, feasibility, strategy, implementation plan, management team, etc.
What additional support will be given to the innovators?
Marketing, promotion, partnership, intellectual property support, fundraising, mentoring, training, etc. will be given from seed to growth and scale-up stages.
What is the winning prize?
Up to 1 crore BDT, considering the due diligence and technical evaluation.
Should I submit a technology-based solution?
a2i Innovation Fund invites innovators to solve problems with technology-based solutions.
Why should I participate in the Innovation Challenge?
Innovators have the opportunity to participate in national problem-solving as well as financial, technical, mentoring and other necessary support from a2i and industry leaders.
Who is eligible to submit an idea/solution?
Any individual/team/company/consortium/organization is eligible.
What to do if I don’t get a confirmation email?
It would usually mean that you have not been selected primarily.
Where to contact for any query or feedback?
Any query of generic nature related to content, design, service, or technological issues can be sent through email or contact form.
What to do if I face any problems regarding registration, login, password recovery or difficulty in submission?
Delete/clean your browser history, cache, or cookies and try again. If you still face difficulty, please email us at aif.support@a2i.gov.bd or contact us through the Contact Form.
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